2016-05-13T13:06:38-05:00 2015-06-30 910189318 MOSS ADAMS LLP 4747 EXECUTIVE DRIVE SUITE 1300 SAN DIEGO CA 92121 990 2014-07-01 952544535 UNIVERSITY OF SAN DIEGO UNIV 6192604600 5998 ALCALA PARK SAN DIEGO CA 921102492 TERRY KALFAYAN VP FOR FINANCE AND CFO 6192605998 2016-05-05 1 PATRICIA J MAYER P00188643 8586271400 2014 2016-08-17 19:52:53Z JAMES T HARRIS III 5998 ALCALA PARK SAN DIEGO CA 921102492 780452551 0 X WWW.SANDIEGO.EDU X 1949 CA POST SECONDARY EDUCATION 34 33 5740 1014 410787 -1123520 35741661 37971679 359623906 367008865 26700786 37860100 11825807 10567177 433892160 453407821 97880354 101582844 0 0 188337465 197051931 0 0 9490022 95421186 98082414 381639005 396717189 52253155 56690632 1182120992 1208192519 269048099 272898975 913072893 935293544 THE UNIVERSITY OF SAN DIEGO IS A ROMAN CATHOLIC INSTITUTION COMMITTED TO ADVANCING ACADEMIC EXCELLENCE, EXPANDING LIBERAL AND PROFESSIONAL KNOWLEDGE, CREATING A DIVERSE AND INCLUSIVE COMMUNITY, AND PREPARING LEADERS DEDICATED TO ETHICAL CONDUCT AND COMPASSIONATE SERVICE. 0 0 318963198 101582844 376948866 THE UNIVERSITY OF SAN DIEGO IS ENGAGED IN POST-SECONDARY EDUCATION OF APPROXIMATELY 5,674 UNDERGRADUATE STUDENTS AND 1,318 GRADUATE AND PROFESSIONAL STUDENTS, AND 761 LAW STUDENTS; THIS PROGRAM INCLUDES ROOM & BOARD FOR THE STUDENT POPULATION. 318963198 1 1 0 1 0 0 0 1 0 1 1 0 0 1 1 1 1 0 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 1 720 0 1 5740 1 1 1 1 CJ 0 0 0 1 1 0 0 0 0 X 34 33 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X OFFICE OF THE CONTROLLER 6192602302 5998 ALCALA PARK HUGHES ADMINISTRAT SAN DIEGO CA 92110 ANN NAVARRA TRUSTEE 1.00 X 0 0 0 BYRON C ROTH TRUSTEE 1.00 X 0 0 0 CINDY BASSO TRUSTEE 1.00 X 0 0 0 CONSTANCE M CARROLL PHD TRUSTEE 1.00 X 0 0 0 DANIEL C HERBERT TRUSTEE 1.00 X 0 0 0 DARLENE MARCOS SHILEY TRUSTEE 1.00 X 0 0 0 DARRIN MONTALVO TRUSTEE 1.00 X 0 0 0 DAVID H SHAFFER RETIRING 615 TRUSTEE 1.00 X 0 0 0 DONALD R KNAUSS TRUSTEE 1.00 X 0 0 0 FRANK D ALESSIO VICE CHAIR AND TRUSTEE 1.00 X X 0 0 0 JAMES B MCCARTHY TRUSTEE 1.00 X 0 0 0 JAMES C PETERS RETIRING 615 TREASURER AND TRUSTEE 1.00 X X 0 0 0 JAMES D POWERS IV TRUSTEE 1.00 X 0 0 0 JEFF MARTIN TRUSTEE 1.00 X 0 0 0 KEVIN R GREEN TRUSTEE 1.00 X 0 0 0 LUIS MAIZEL TRUSTEE 1.00 X 0 0 0 MARGARITA PALAU HERNANDEZ ESQ SECRETARY AND TRUSTEE 1.00 X X 0 0 0 MARY E LYONS OUTGOING PRESIDENT AND TRUSTEE 40.00 X X 628252 0 178738 MATTHEW J RENO TRUSTEE 1.00 X 0 0 0 PETER SEIDLER TRUSTEE 1.00 X 0 0 0 REVEREND PETER MCGUINE TRUSTEE 1.00 X 0 0 0 RICHARD K DAVIS TRUSTEE 1.00 X 0 0 0 RICHARD M BARTELL TRUSTEE 1.00 X 0 0 0 ROBERT R DEAN TRUSTEE 1.00 X 0 0 0 ROGER AP JOSEPH TRUSTEE 1.00 X 0 0 0 RON L FOWLER CHAIR AND TRUSTEE 1.00 X X 0 0 0 ROYAL W CARSON III TRUSTEE 1.00 X 0 0 0 SISTER CAROLYN OSIEK RSCJ THD TRUSTEE 1.00 X 0 0 0 SISTER MARY THERESA MOSER RSCJ PHD TRUSTEE 1.00 X 0 0 0 STANLEY W LEGRO TRUSTEE 1.00 X 0 0 0 SUSAN H MALLORY TRUSTEE 1.00 X 0 0 0 SUSANNE STANFORD TRUSTEE 1.00 X 0 0 0 VERY REV MSGR RICHARD F DUNCANSON TRUSTEE 1.00 X 0 0 0 WILLIAM BARULICH TRUSTEE 1.00 X 0 0 0 ANDREW T ALLEN VICE PRESIDENT AND PROVOST 40.00 X 374587 0 39874 CARMEN M VAZQUEZ VICE PRESIDENT, STUDENT AFFAIRS 40.00 X 254192 0 27922 KY SNYDER INCOMING VICE PRESIDENT, ATHLETICS AND FACILITIES MANAGEMEN 40.00 X 286582 0 102492 REV MSGR DANIEL J DILLABOUGH VICE PRESIDENT, MISSION AND MINISTRY 40.00 X 228025 0 35203 RUSSELL C THACKSTON OUTGOING VICE PRESIDENT, BUSINESS AND ADMINISTRATION 40.00 X 307404 0 22022 TERRY KALFAYAN VICE PRESIDENT, FINANCE AND CHIEF FINANCIAL OFFICE 40.00 X 250323 0 36545 TIMOTHY L O'MALLEY VICE PRESIDENT, UNIVERSITY RELATIONS 40.00 X 270012 0 41356 CHELL A ROBERTS DEAN, SHILEY-MARCOS SCHOOL OF ENGINEERING 40.00 X 292955 0 40103 DAVID PYKE OUTGOING DEAN, SCHOOL OF BUSINESS ADMINISTRATION 40.00 X 320113 0 42378 JASON LEMON DEAN, DIVISION OF PROFESSIONAL AND CONTINUING EDUC 40.00 X 189714 0 26450 NOELLE NORTON DEAN, COLLEGE OF ARTS AND SCIENCES 40.00 X 226330 0 40024 PATRICIA MARQUEZ INCOMING DEAN, SCHOOL OF PEACE STUDIES 40.00 X 217254 0 36195 PAULA CORDEIRO OUTGOING DEAN, SCHOOL OF LEADERSHIP AND EDUCATION SCIENCES 40.00 X 219998 0 32791 SALLY BROSZ HARDIN DEAN, HAHN SCHOOL OF NURSING AND HEALTH SCIENCE 40.00 X 211073 0 37381 STEPHEN C FERRUOLO DEAN, SCHOOL OF LAW 40.00 X 349172 0 51811 THERESA BYRD DEAN, UNIVERSITY LIBRARY 40.00 X 161529 0 27084 DONALD DRIPPS PROFESSOR, SCHOOL OF LAW 40.00 X 270156 0 38499 LAWRENCE ALEXANDER PROFESSOR, SCHOOL OF LAW 40.00 X 282673 0 30817 ROY BROOKS PROFESSOR, SCHOOL OF LAW 40.00 X 272330 0 37031 STEVEN SMITH PROFESSOR, SCHOOL OF LAW 40.00 X 300682 0 40277 WILLIAM GRIER OUTGOING HEAD COACH, MEN'S BASKETBALL 40.00 X 543042 0 56235 6456398 0 1021228 328 0 1 0 TURNER CONSTRUCTION 9330 SCRANTON AVENUE SUITE 330 SAN DIEGO CA 92121 CONSTRUCTION SERVCIES 5832078 LEGACY BUILDING 5937 DARWIN COURT SUITE 103 CARLSBAD CA 92008 CONSTRUCTION SERVCIES 5099268 DPR CONSTRUCTION 5010 SHOREHAM PLACE SAN DIEGO CA 92122 CONSTRUCTION SERVCIES 2251343 RICHARD AND RICHARD CONSTRUCTION CO 234 VENTURE STREET SUITE 100 SAN MARCOS CA 92078 CONSTRUCTION SERVCIES 1751824 UNIVERSITY MECHANICAL INC 1168 FESLER STREET EL CAJON CA 92020 CONSTRUCTION SERVCIES 1271467 40 604119 9928640 27438920 6540403 37971679 TUITION AND FEES 900099 328556886 328556886 STUDENT RES & BOARD 721310 34237743 34237743 PARKING SERVICES 611710 2407181 2407181 STUDENT LOAN INTEREST 611710 1807055 1807055 367008865 7887311 7887311 177 177 503769 336066 167703 167703 167703 314513365 41908643 286685743 39763653 27827622 2144990 29972612 29972612 163843 604119 259268 -95425 -95425 BOOKSTORE 451211 5776785 5756612 20173 ATHLETICS & RECREATION 611710 2105464 2105464 SUMMER CONFERENCES 611710 1310851 562902 747949 1301799 1515023 -357335 144111 10494899 453407821 376948866 410787 38076489 101582844 101582844 6468035 4054927 1296105 1117003 146773584 111191144 30784119 4798321 15055170 11534548 2851775 668847 18679364 14547909 3767206 364249 10075778 7719577 1908570 447631 411071 411071 248169 248169 2208968 1915335 293633 17909132 13050476 4052775 805881 1265886 938491 313262 14133 6133821 2742118 2684739 706964 5849083 3509450 2339633 7435010 5546304 1888406 300 7196068 5716676 1345731 133661 1661746 1304865 302228 54653 8106858 6846640 1260218 15920881 9045755 6717521 157605 1694052 225446 1468606 COST OF SALES 11068779 11029896 38883 EQUIPMENT 3665798 1920508 1729737 15553 BOOKS AND OTHER LIBRARY 2625935 2625935 RECRUITING 1097563 723989 373574 3583594 1190365 2188008 205221 396717189 318963198 68263969 9490022 3750176 12942503 30480273 30395815 7833604 5941750 38323828 39368145 1639344 1875063 6552728 4520658 670960880 164874424 488607342 506086456 453232227 442283421 151701470 164778708 1182120992 1208192519 46391001 51589296 14678850 13989390 168454326 165033617 5727315 4951219 33796607 37335453 269048099 272898975 X 588198908 615170385 153125835 144240316 171748150 175882843 913072893 935293544 1182120992 1208192519 X 56690632 -36046631 1576650 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 148952 0 0 148952 0 PART II-B, LINE 1: PART IIB, LINE 1J: FACULTY WITH THE UNIVERSITY'S SCHOOL OF LAW IN THE CENTER FOR PUBLIC INTEREST AND CHILDREN'S ADVOCACY INSTITUTE OFFERED THEIR RESEARCH DATA AND LEGAL EXPERTISE IN AN ATTEMPT TO INFLUENCE PENDING LEGISLATION CONCERNING CONSUMERS RIGHTS AND CHILDREN'S HEALTH, SAFETY AND WELFARE. NO ATTEMPT WAS MADE BY THE UNIVERSITY TO INFLUENCE A POLITICAL CAMPAIGN OF ANY OFFICE, NOR WERE ANY POLITICAL CONTRIBUTIONS MADE. TOTAL EXPENDITURES WERE $148,952. 4061789 X X 0 468765728 13643372 474660 2743967 10155539 469984254 395588888 13803869 65156127 1925621 3857535 468765728 345592715 15282749 40951073 1770336 4467313 395588888 326799097 29964033 -5642158 1507177 4021080 345592715 260074374 21096254 50953163 1636097 3688597 326799097 0.44000 0.56000 0 0 15319163 51027875 66347038 526862857 132123592 394739265 73689196 32750832 40938364 4061789 4061789 506086456 WEST COAST CONFERENCE 1052451 ALTERNATIVE ASSET PARTNERSHIPS - REAL ESTATE 9121879 MARKETABLE ALTERNATIVES - OPPORTUNISTIC 13226637 ALTERNATIVE ASSET PARTNERSHIPS - VENTURE CAPITAL 12931945 ALTERNATIVE ASSET PARTNERSHIPS - INTERNATIONAL PRIVATE EQUITY 12319152 ALTERNATIVE ASSET PARTNERSHIPS - U.S. PRIVATE EQUITY 8237177 MARKETABLE ALTERNATIVES - U.S. LONG/SHORT 6965582 MARKETABLE ALTERNATIVES - DISTRESSED 14381575 MARKETABLE ALTERNATIVES - GLOBAL LONG/SHORT 22744556 ALTERNATIVE ASSET PARTNERSHIPS - DISTRESSED/DEBT RELATED 6596779 MARKETABLE ALTERNATIVES - EVENT DRIVEN 20082188 MARKETABLE ALTERNATIVES - DIVERSIFIED ARBITRAGE 23935853 ALTERNATIVE ASSET PARTNERSHIPS - ENERGY/RESOURCES 13182934 164778708 REFUNDABLE ADVANCES 12542375 BOND INTEREST RATE SWAP 24793078 37335453 X 315742000 -36046631 -36046631 351788631 101619190 101619190 453407821 293522000 596623 596623 292925377 103791812 103791812 396717189 PART III, LINE 4: THEY SEEK TO STIMULATE INTEREST AND PRIDE AS WELL AS EMPHASIZE THE CULTURAL VALUE OF USD'S FINE ARTS PROGRAMS. PART V, LINE 4: THE UNIVERSITY OF SAN DIEGO ENDOWMENT FUNDS ARE UTILIZED BASED ON DONOR'S INTENT; AS OF JUNE 30, 2015 THE ALLOCATION OF ENDOWMENT FUNDS WAS AS FOLLOWS: ACADEMIC SUPPORT - 28%, TUITION FUNDED QUASI - 39%, SCHOLARSHIPS - 14%, INSTRUCTION - 5%, PLANT MAINTENANCE AND OPERATIONS - 2%, PUBLIC SERVICE - 5% AND OTHER INSTITUTIONAL SUPPORT - 6%. PART X, LINE 2: THE UNIVERSITY IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. THE UNIVERSITY FOLLOWS THE PROVISIONS OF ACCOUNTING STANDARDS CODIFICATION ("ASC") 740-10, INCOME TAXES, RELATED TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE UNIVERSITY HAS NO UNRECOGNIZED TAX BENEFITS OR LIABILITIES AS OF JUNE 30, 2015 AND 2014. THE UNIVERSITY FILES AN EXEMPT ORGANIZATION RETURN AND APPLICABLE UNRELATED BUSINESS INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION AND WITH THE CALIFORNIA FRANCHISE TAX BOARD. THE UNIVERSITY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY TAXING AUTHORITIES FOR YEARS BEFORE 2010 FOR ITS FEDERAL FILINGS AND FOR YEARS BEFORE 2010 FOR ITS STATE FILINGS. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED IN INCOME -336,066. SCHOLARSHIPS INCLUDED IN EXPENSES 101,582,844. SPECIAL EVENT EXPENSES INCLUDED IN INCOME -259,268. ROUNDED FINANCIAL STATEMENT DIFFERENCE -638. K-1 PASSTHROUGH LOSS -1,576,650. RECLASS INVESTMENT MANAGEMENT FEES 2,208,968. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES INCLUDED IN INCOME 259,268. FUNDRAISING EXPENSES INCLUDED IN INCOME 336,066. ROUNDED FINANCIAL STATEMENT DIFFERENCE 1,289. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS INCLUDED IN EXPENSES 101,582,844. RECLASS INVESTMENT MANAGEMENT FEES 2,208,968. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 UNIVERSITY OF SAN DIEGO'S RACIALLY NONDISCRIMINATORY POLICY PUBLISHED IN ALL RECRUITING BROCHURES AND ADVERTISEMENTS AS WELL AS UNDERGRADUATE AND GRADUATE BULLETINS AND CATALOGS. SCHEDULE E, PART I, LINE 6 THE UNIVERSITY OF SAN DIEGO RECEIVED AN ESTIMATED $106.4M FROM FEDERAL AND STATE AGENCIES FOR ASSISTANCE IN PROVIDING POST-SECONDARY EDUCATION. THIS INCLUDES $93.6M IN FEDERAL FAMILY EDUCATION LOANS. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, PROGRAM SERVICES STUDY ABROAD PROGRAMS 57431 EAST ASIA AND THE PACIFIC PROGRAM SERVICES STUDY ABROAD PROGRAMS 482746 EUROPE (INCLUDING ICELAND AND GREENLAND) 1 1 PROGRAM SERVICES STUDY ABROAD PROGRAMS 4311182 MIDDLE EAST AND NORTH AFRICA PROGRAM SERVICES SCHOOL OF PEACE STUDIES OUTREACH 4953 NORTH AMERICA (CANADA AND MEXICO) PROGRAM SERVICES STUDY ABROAD PROGRAMS 145276 SOUTH AMERICA PROGRAM SERVICES STUDY ABROAD PROGRAMS 91124 SOUTH ASIA PROGRAM SERVICES STUDY ABROAD PROGRAMS 153204 SUB-SAHARAN AFRICA PROGRAM SERVICES SCHOOL OF PEACE STUDIES OUTREACH 3144 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 8392098 1 1 0 0 1 1 5249060 8392098 13641158 1 0 0 1 1 0 PART I, LINE 3: BOOK VALUE IS THE ACCOUNTING METHOD USED SPORTS BANQUET 213867 182000 31867 96983 FOUNDERS GALA 208018 189754 18264 4193 6 346077 232365 113712 158092 767962 604119 163843 259268 259268 -95425 1 USD SCHOLARSHIPS 3462 67274773 STUDENT AID - RESIDENCE AND BOARD 87 913664 STUDENT AID - PRIVATE 199 2086983 STUDENT AID - GRADUATE AND LAW 896 15721315 STUDENT AID - ATHLETICS AND RECREATION 202 7668221 FEDERAL SCHOLARSHIPS AND GRANTS 532 5173921 ENDOWED SCHOLARSHIPS 136 2743967 PART I, LINE 2: THE UNIVERSITY AWARDS SCHOLARSHIPS TO INDIVIDUAL STUDENTS TO OFFSET THE COST OF TUITION, FEES, AND ROOM AND BOARD. X X X 1 1 X X X X X 0 0 0 0 0 0 0 1 0 MARY E LYONS OUTGOING PRESIDENT AND TRUSTEE 495442 0 30899 0 101911 0 31200 0 147538 0 806990 0 0 0 ANDREW T ALLEN VICE PRESIDENT AND PROVOST 324664 0 22068 0 27855 0 31200 0 8674 0 414461 0 0 0 CARMEN M VAZQUEZ VICE PRESIDENT, STUDENT AFFAIRS 194435 0 16125 0 43632 0 26692 0 1230 0 282114 0 0 0 KY SNYDER INCOMING VICE PRESIDENT, ATHLETICS AND FACILI 246046 0 15000 0 25536 0 31200 0 71292 0 389074 0 0 0 REV MSGR DANIEL J DILLABOUGH VICE PRESIDENT, MISSION AND MINISTRY 169588 0 18255 0 40182 0 23373 0 11830 0 263228 0 0 0 RUSSELL C THACKSTON OUTGOING VICE PRESIDENT, BUSINESS AND ADMINIS 286084 0 0 0 21320 0 20929 0 1093 0 329426 0 0 0 TERRY KALFAYAN VICE PRESIDENT, FINANCE AND CHIEF FI 216602 0 15483 0 18238 0 27594 0 8951 0 286868 0 0 0 TIMOTHY L O'MALLEY VICE PRESIDENT, UNIVERSITY RELATIONS 229294 0 14233 0 26485 0 29361 0 11995 0 311368 0 0 0 CHELL A ROBERTS DEAN, SHILEY-MARCOS SCHOOL OF ENGINE 290334 0 0 0 2621 0 31200 0 8903 0 333058 0 0 0 DAVID PYKE OUTGOING DEAN, SCHOOL OF BUSINESS ADMINISTRAT 315321 0 0 0 4792 0 31200 0 11178 0 362491 0 0 0 JASON LEMON DEAN, DIVISION OF PROFESSIONAL AND C 122875 0 12534 0 54305 0 19829 0 6621 0 216164 0 0 0 NOELLE NORTON DEAN, COLLEGE OF ARTS AND SCIENCES 208173 0 0 0 18157 0 28063 0 11961 0 266354 0 0 0 PATRICIA MARQUEZ INCOMING DEAN, SCHOOL OF PEACE STUDIES 181575 0 0 0 35679 0 25613 0 10582 0 253449 0 0 0 PAULA CORDEIRO OUTGOING DEAN, SCHOOL OF LEADERSHIP AND EDUCA 172498 0 0 0 47500 0 25920 0 6871 0 252789 0 0 0 SALLY BROSZ HARDIN DEAN, HAHN SCHOOL OF NURSING AND HEA 182408 0 0 0 28665 0 25710 0 11671 0 248454 0 0 0 STEPHEN C FERRUOLO DEAN, SCHOOL OF LAW 339152 0 0 0 10020 0 31200 0 20611 0 400983 0 0 0 THERESA BYRD DEAN, UNIVERSITY LIBRARY 142980 0 0 0 18549 0 20040 0 7044 0 188613 0 0 0 DONALD DRIPPS PROFESSOR, SCHOOL OF LAW 267729 0 0 0 2427 0 31179 0 7320 0 308655 0 0 0 LAWRENCE ALEXANDER PROFESSOR, SCHOOL OF LAW 275870 0 0 0 6803 0 30001 0 816 0 313490 0 0 0 ROY BROOKS PROFESSOR, SCHOOL OF LAW 251438 0 0 0 20892 0 28641 0 8390 0 309361 0 0 0 STEVEN SMITH PROFESSOR, SCHOOL OF LAW 286268 0 0 0 14414 0 31200 0 9077 0 340959 0 0 0 WILLIAM GRIER OUTGOING HEAD COACH, MEN'S BASKETBALL 503559 0 2610 0 36873 0 31200 0 25035 0 599277 0 0 0 PART I, LINE 1A SCHEDULE J, PART I, LINE 1A: HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - THE PRESIDENT IS PROVIDED ON CAMPUS HOUSING AND IT IS RECORDED AS A NON-TAXABLE BENEFIT. THE VICE PRESIDENT FOR MISSION AND MINISTRY IS PROVIDED ON CAMPUS HOUSING AND IT IS RECORDED AS A NON-TAXABLE BENEFIT. THE VALUE OF THESE BENEFITS ARE REPORTED IN "NONTAXABLE BENEFITS" ON SCHEDULE J, PART II, COLUMN D. SCHEDULE J, PART I, LINE 1A: HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - THE MEN'S BASKETBALL COACH WAS PROVIDED A GOLF CLUB MEMBERSHIP TO FACILITATE BUSINESS PURPOSES, INCLUDING DONOR CULTIVATION, NETWORKING AND UNIVERSITY MEETINGS. NO PART OF THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION. THE VALUE OF THIS BENEFIT IS REPORTED IN "NONTAXABLE BENEFITS" ON SCHEDULE J, PART II, COLUMN D. SCHEDULE J, PART I, LINE 1A: PERSONAL SERVICES - THE PRESIDENT WAS PROVIDED HOUSEKEEPING AND FACILITIES MAINTENANCE SERVICES FOR THE PRESIDENT'S ON-CAMPUS RESIDENCE. NO PART OF THE BENEFIT WAS TREATED AS TAXABLE COMPENSATION. THE VALUE OF THIS BENEFIT IS REPORTED IN "NONTAXABLE BENEFITS" ON SCHEDULE J, PART II, COLUMN D. PART I, LINE 7 NON-FIXED PAYMENTS RECEIVED BY LISTED PERSONS ON SCHEDULE J, PART II, REPRESENT DISCRETIONARY BONUSES NOT BASED ON A FORMULA SPECIFIED IN CONTRACTS. A CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 680164610 130911V56 2005-11-16 93415000 NOTE 1 0 0 0 B CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY 521705592 130178YD2 2011-03-16 19562314 NOTE 2 0 0 0 C CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13048TKY8 2011-10-06 43574459 NOTE 3 0 0 0 D CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13048TKY8 2012-07-03 10796502 NOTE 4 0 0 0 A 1665000 101587507 4556982 544802 40000 87884533 1730992 2009 0 1 1 1 B 6145000 19562315 3904 0 1 1 1 C 1205000 43574459 152511 0 1 1 1 D 10796502 3018 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 0 1 1 1 GEORGE K BAUM FINANCIAL SERVICES 40.000000000000 0 0 1 JP MORGAN CHASE BANK 4.500000000000 1 1 1 B 0 0 1 0 0 0 0 0 1 C 0 0 1 0 0 0 0 0 1 D 0 0 1 0 0 0 0 0 1 A 1 B 1 C 1 D 1 NOTE 1: PART I, COLUMN F, DESCRIPTION OF PURPOSE: SERIES 2005 (ISSUE DATE NOVEMBER 16, 2005): CONSTRUCTION OF SCHOOL OF LEADERSHIP AND EDUCATION SCIENCES FACILITY, STUDENT HOUSING FACILITIES, STUDENT LIFE PAVILION, AND RENOVATION OF STUDENT UNIVERSITY CENTER AND ACADEMIC, ADMINISTRATIVE AND STUDENT FACILITIES. ADVANCE REFUNDING OF CEFA SERIES 1995A (ISSUE DATE JANUARY 4, 1996). PART II, LINE 3, COLUMN A: THE PROCEEDS ARE NOT IDENTICAL TO THE ISSUE PRICE LISTED IN PART I, COLUMN (E); THE DIFFERENCE IS DUE TO THE INVESTMENT EARNINGS BEING INCLUDED IN THE TOTAL PROCEEDS OF ISSUE AMOUNTS. PART II, LINE 11, COLUMN A: USD ENGAGED BLX GROUP LLC TO PERFORM AN INTERIM ARBITRAGE REBATE ANALYSIS AS OF 6-30-10. THE REBATE COMPUTATION WAS PERFORMED ON AUGUST 25, 2010, AND IT WAS DETERMINED THAT A REBATE WAS DUE TO THE IRS. PAYMENT WAS SUBMITTED TO THE US DEPARTMENT OF TREASURY ON AUGUST 28, 2010 IN THE AMOUNT OF $1,730,990.89. PART IV, LINE 2C, COLUMN A: USD ENGAGED BLX GROUP LLC TO PERFORM AN INTERIM REBATE CALCULATION AS OF 6-30-15. THE REBATE COMPUTATION WAS PERFORMED ON AUGUST 18, 2015, AND IT WAS DETERMINED THAT NO REBATE WAS DUE TO THE IRS. PART IV, LINE 6, COLUMN A: THE CONSTRUCTION PROJECTS THAT WERE FUNDED WITH PROCEEDS FROM THE SERIES 2005 BOND ISSUE TOOK ABOUT FOUR YEARS TO COMPLETE. THEREFORE, THE UNIVERSITY DID NOT SATISFY THE REQUIREMENTS OF THE 3-YEAR TEMPORARY PERIOD OR THE 2-YEAR (AND 18-MONTH) SPENDING EXCEPTION. AS A RESULT, AND AS MENTIONED ABOVE, THE UNIVERSITY DID SUBMIT A REBATE PAYMENT IN 2010. NOTE 2: PART I, COLUMN F, DESCRIPTION OF PURPOSE: SERIES 2011 (ISSUE DATE MARCH 16, 2011): ADVANCE REFUNDING OF CEFA SERIES 1998 (ISSUE DATE FEBRUARY 25, 1998). NOTE 3: PART I, COLUMN F, DESCRIPTION OF PURPOSE: SERIES 2011A AND 2011B (ISSUE DATE OCTOBER 6, 2011): SERIES 2011A WAS AN ADVANCE REFUNDING OF THE CALLABLE PORTION OF THE CEFA SERIES 1999 (ISSUE DATE FEBRUARY 4, 1999). SERIES 2011B WAS AN ADVANCE REFUNDING OF THE COUNTY OF SAN DIEGO SERIES 2001 CERTIFICATES OF PARTICIPATION (ISSUE DATE MAY 14, 2001). NOTE 4: PART I, COLUMN F, DESCRIPTION OF PURPOSE: SERIES 2012 (ISSUE DATE JULY 3, 2012): ADVANCE REFUNDING OF CEFA SERIES 2002A (ISSUE DATE JUNE 6, 2002). SEE PART V SUPPLEMENTAL INFORMATION EMPLOYEE 51090 TUITION ASSISTANCE EMPLOYEE BENEFIT ANDREW T ALLEN OFFICER 269244 SEE PART V - SUPPLEMENTAL INFORMATION 0 FORM 990, SCHEDULE L, PART III: PER THE 990 INSTRUCTIONS, THE UNIVERSITY IS NOT REQUIRED TO IDENTIFY THE INTERESTED PERSONS WHO RECEIVED SCHOLARSHIPS, FELLOWSHIPS, AND SIMILAR FINANCIAL ASSISTANCE. INSTEAD, THE UNIVERSITY MUST GROUP EACH TYPE OF ASSISTANCE PROVIDED TO INTERESTED PERSONS. THIS IS DONE IN ORDER TO PROTECT THE IDENTITY OF THE STUDENTS. FORM 990, SCHEDULE L, PART IV: ANDREW T. ALLEN, VICE PRESIDENT AND PROVOST, IS RELATED TO DENISE DIMON, HIS WIFE, WHO IS ALSO AN EMPLOYEE AT THE UNIVERSITY. SHE IS A PROFESSOR, THE ASSOCIATE PROVOST FOR INTERNATIONAL AFFAIRS, AND THE DIRECTOR OF THE AHLERS CENTER FOR INTERNATIONAL BUSINESS. THE AMOUNT SHOWN REPRESENTS IRS FORM W-2 BOX 5 WAGES FOR CALENDAR YEAR 2014 FOR DENISE DIMON. X 79 6540403 MARKET VALUE 0 1 1 PART I, LINE 32B: THE UNIVERSITY UTILIZES A BROKER TO SELL STOCK GIFTS RECEIVED FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS PRESENTED TO THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES AND A COPY OF THE 990 IS AVAILABLE TO THE ORGANIZATION'S ENTIRE GOVERNING BOARD ONLINE AT THE SECURED TRUSTEE WEBSITE BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE BOARD OF DIRECTORS AND EXECUTIVE MANAGEMENT ARE REQUIRED TO SIGN A CONFLICT OF INTEREST DISCLOSURE STATEMENT. ANY CONFLICT IS REVIEWED AND HANDLED IN ACCORDANCE WITH THE WRITTEN POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES EXECUTIVE COMPENSATION COMMITTEE DETERMINES COMPENSATION USING COMPARABLE DATA AND CONTEMPORANEOUSLY DOCUMENTING ITS DECISIONS. THIS PROCESS IS DONE ANNUALLY FOR THE PRESIDENT AND THE VICE PRESIDENTS. THE PROVOST/VICE PRESIDENT FOR ACADEMIC AFFAIRS DETERMINES THE COMPENSATION FOR THE DEANS USING MARKET BENCHMARK DATA PREPARED INTERNALLY AND THE BENCHMARK SCHOOLS ARE SELECTED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 18 FORMS 990 AND 990T ARE AVAILABLE TO THE PUBLIC BY VIEWING THE GUIDESTAR WEBSITE AND UPON REQUEST FROM THE OFFICE OF TAX & COMPLIANCE AT 619-260-4683; COMPLIANCE@SANDIEGO.EDU; OR ONSITE FROM THE OFFICE OF TAX & COMPLIANCE. FORM 1023 IS AVAILABLE UPON REQUEST FROM THE OFFICE OF TAX & COMPLIANCE AT 619-260-2302; COMPLIANCE@SANDIEGO.EDU; OR ONSITE FROM THE OFFICE OF TAX & COMPLIANCE. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FROM THE OFFICE OF THE CONTROLLER AT 619-260-2302; ACCOUNTING@SANDIEGO.EDU; GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FROM THE OFFICE OF THE PRESIDENT AT 619-260-4520; CONFLICT OF INTEREST POLICY IS AVAILABLE ONLINE AT WWW.SANDIEGO.EDU. FORM 990, PART XI, LINE 9: K-1 PASSTHROUGH LOSS 1,576,650.